General Engineering PCL (BKK:GEL-R) Equity-to-Asset: 0.26 (As of Jun. 2026) — 57% Below Median

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What is General Engineering PCL Equity-to-Asset?

General Engineering PCL BKK:GEL-R +33.33% Equity-to-Asset is 0.26 as of Jun. 2026, which is 57% below its 10-year median of 0.61. The stock has 5 warning signs investors should review. Among 413 Building Materials companies, General Engineering PCL ranks worse than 88.38% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. General Engineering PCL's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ฿2,109 Mil. General Engineering PCL's Total Assets for the quarter that ended in Jun. 2026 was ฿8,087 Mil. Therefore, General Engineering PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.26.

The historical rank and industry rank for General Engineering PCL's Equity-to-Asset or its related term are showing as below:

BKK:GEL-R' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.61   Max: 0.84
Current: 0.26

During the past 13 years, the highest Equity to Asset Ratio of General Engineering PCL was 0.84. The lowest was 0.26. And the median was 0.61.

BKK:GEL-R's Equity-to-Asset is ranked worse than
88.38% of 413 companies
in the Building Materials industry
Industry Median: 0.55 vs BKK:GEL-R: 0.26

General Engineering PCL  (BKK:GEL-R) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


General Engineering PCL Equity-to-Asset Related Terms


General Engineering PCL Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for General Engineering PCL's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

General Engineering PCL Equity-to-Asset Chart

General Engineering PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.55 0.33 0.30 0.28

General Engineering PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.29 0.28 0.28 0.27 0.26

BKK:GEL-R vs CRH, VMC, MLM: Equity-to-Asset Comparison

For the Building Materials subindustry, General Engineering PCL's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


General Engineering PCL Equity-to-Asset vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, General Engineering PCL's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where General Engineering PCL's Equity-to-Asset falls into.



General Engineering PCL Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

General Engineering PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=2364.115/8448.374
=0.28

General Engineering PCL's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=2108.671/8087.185
=0.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.26 mean?
General Engineering PCL (BKK:GEL-R) has a Equity-to-Asset of 0.26 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on General Engineering PCL and its competitors. This is 57% below median its historical median of 0.61. Over the past decade, General Engineering PCL's Equity-to-Asset has ranged from 0.26 to 0.84. According to the industry distribution chart, General Engineering PCL ranks #365 out of 413 companies in the Building Materials industry, placing it in the top 88.4%.
Is General Engineering PCL's Equity-to-Asset too high?
General Engineering PCL's current Equity-to-Asset of 0.26 is 57% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.84. The Building Materials industry median Equity-to-Asset is 0.55. General Engineering PCL's value of 0.26 is 52.7% below this industry median. Based on the distribution chart, General Engineering PCL ranks #365 out of 413 companies in the Building Materials industry, which is in the bottom quartile relative to peers.
How does General Engineering PCL's Equity-to-Asset compare to CRH and VMC?
According to the Building Materials industry distribution chart, General Engineering PCL ranks #365 out of 413 companies for Equity-to-Asset. This places General Engineering PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.55. General Engineering PCL's value of 0.26 is 52.7% below this benchmark. Historically, General Engineering PCL's own Equity-to-Asset has ranged from 0.26 to 0.84 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.55, General Engineering PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Building Materials company?
The median Equity-to-Asset among Building Materials companies is 0.55, based on 413 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. General Engineering PCL's current Equity-to-Asset of 0.26 is 52.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on General Engineering PCL and its competitors. For the Building Materials industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Engineering PCL's current Equity-to-Asset is 0.26, which is 57% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Engineering PCL stock overvalued right now?
General Engineering PCL (BKK:GEL-R) has a current Equity-to-Asset of 0.26. The stock's GF Value™ is ฿0.03, compared to a current price of ฿0.04 — trading 33.3% above its estimated fair value. The current Equity-to-Asset is 0.26, which is 57% below median its 10-year median of 0.61 and 52.7% below the Building Materials industry median of 0.55. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For General Engineering PCL (BKK:GEL-R), the current Equity-to-Asset is 0.26 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

General Engineering PCL Business Description

Other Exchanges GEL:Thailand
Address 44/2 Moo 2 Tivanont Road, Bangkadi, Muang Pathumthani, Pathumthani, Pathumthani, THA, 12000
General Engineering PCL is engaged in the manufacturing and selling of construction material, prestressed concrete piles, precast concrete, glass fiber reinforced concrete, cementation products and post-tensioned slab, prestressed spun concrete piles, the special qualified PC wire and PC Strand and providing the construction and installation services for such products. Its operating segments are Manufacturing and distribution of concrete products, which is the key revenue-generating segment; Construction services; and Manufacturing and distribution of PC wire and PC strand. The company and its subsidiaries operate in Thailand only.